Related Quotes

Company Profile

He was also appointed chairman of outdoor advertising company Ooh! in April after its $163 million sale to private equity firm CHAMP. Mr Porter enjoyed a successful career at Austar, the regional pay-TV business acquired by Foxtel for $2 billion in May 2012.

After a rocky start, Austar became one of Australia’s best performing media company’s making Mr Porter one of Australia highest paid media executives.

Austar’s controlling shareholder was Liberty Global and Mr Porter is said to have remained in close contact with the Colorado-based company’s chief executive Mike Fries.

Liberty, which is owned by Mr Malone, paid $US16 billion for the British based Virgin Media earlier this month.

Mr Porter had said he was keen to pursue non-executive opportunities in Australia after the Austar acquisition.

However, it appears the lure of working as one of Mr Malone’s key executives has proved too much.